MERCER COUNTY IMPROVEMENT AUTHORITY Credit Union Profile

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MERCER COUNTY IMPROVEMENT AUTHORITY

Charter #1546 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (609) 689-1765

Fax: (609) 689-9704

Founding Date: N/A

Personnel & Operations

President: HAMILTON, BARRY

Manager: THURMON, YAVONE

FT Employees: 0

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 22

Branches: 1

Hours: 9AM TO 4PM FRIDAY

Credit Union Profile Summary

MERCER COUNTY IMPROVEMENT AUTHORITY is a FCU Credit Union. With a total of 202 members [1], this institution manages approximately $424,125 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.48% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.48% [1].

Financial Snapshot

Total Assets [1]
$424,125

Total economic resources.

Total Loans [1]
$203,718

Total value of outstanding loans.

Total Deposits [1]
$390,569

Total funds deposited by members.

Members [1]
202

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.48%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-1.37%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
52.16%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.54%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -9.48%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -4.72%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

600 SLOAN AVE

HAMILTON, NJ, 08619
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by MERCER COUNTY IMPROVEMENT AUTHORITY (Charter #1546).

Main Office

MERCER COUNTY IMPROVEMENT AUTH EMPLOYEES FCU Main Office

Type: Corporate Office

600 SLOAN AVE

Hamilton, NJ 08619

Phone: (609) 689-1765

Services: Member Services

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